A business plan outlines the activities a business will undergo to survive and hopefully make a profit. It can project sales, costs, cash flows, overhead of any type, etc. It should identify the target audience of the business as well as the products or services the business will offer.
Many lenders like to see business plans prior to lending money for business venture startups. It's also a good idea to review your business plan periodically to track your progress or modify it if your needs, desires, direction or other major aspects of the business change.
2007-07-21 18:24:52
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answer #1
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answered by Anonymous
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A business plan is a written document that describes a business, its objectives and strategies and defines how you plan to run your business. The business plan can be given to those who wish to financially support the business objective. It's also used by the business owner as a guide of how to operate and develop the business. If you were to build a house, you would need a blueprint to determine how to lay out the rooms. You wouldn't want a toilet in the kitchen. A business plan is the blueprint to the business.
2007-07-22 01:25:51
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answer #2
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answered by TA 2
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What is your concept, what is your product, who is your target customer, what are your financial projections?
Who you go to has a lot to do with the industry you are trying to start your business in.
I run 3 small businesses out of my home and if you email me I would be happy to help you sort it out. Why 3, one is seasonal, one is for girl time and fun money and one pays the bills although it is the easiest.
2007-07-22 01:24:57
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answer #3
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answered by New England Babe 7
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Read About It Here~
http://www.answers.com/topic/business-plan?cat=biz-fin&initiator=FFANS&method=26
2007-07-22 01:22:58
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answer #4
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answered by Psychotic2 6
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Anyone who is going to be lending you money for your business or if you're going to invest into a franchise or such. A business plan is your projected plan for sucess and growth.
2007-07-22 01:23:09
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answer #5
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answered by Anonymous
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It's a plan for your business that you give to your boss. Haha!
2007-07-22 01:22:08
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answer #6
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answered by Anonymous
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The name is self explanatory. As for who you give it to, potential investors, your boss, a client, depends.
2007-07-22 01:23:55
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answer #7
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answered by cognito 2
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R U kidding me? that's much too difficult a question for a mellow Sat. night, c'mon....go on line & look it up, like she said....do your homework!
2007-07-22 01:23:38
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answer #8
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answered by Forever 6
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Dude, it's Saturday night. Don't make us work!!!!
2007-07-22 01:22:15
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answer #9
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answered by Kita 6
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do your homework
2007-07-22 01:21:56
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answer #10
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answered by LOONEY LADY 5
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